Answer:Economists have had an enormous impact on trade policy, and they provide a strong rationale for free trade and for removal of trade barriers. Although the objective of a trade agreement is to liberalize trade, the actual provisions are heavily shaped by domestic and international political realities. The world has changed enormously from the time when David Ricardo proposed the law of comparative advantage, and in recent decades economists have modified their theories to account for trade in factors of production, such as capital and labor, the growth of supply chains that today dominate much of world trade, and the success of mercantilist countries in achieving rapid growth.
Explanation:
Answer:
Gulf of Guinea
Explanation:
Gulf of Guinea is apart of the eastern tropical Atlantic Ocean off the western African coast, extending westward from Cap López, near the Equator, to Cape Palmas at longitude 7° west. Hope this helps!
Answer:
When Chris illegally places his client's funds into his personal account, what is he engaged in <u>Commingling of Funds.</u>
Explanation:
Commingling of Funds is the holding of funds, normaly a fidiciary would hold the fonds for a client. In this case by placing his client´s funds in his personal account, it makes it difficult to determien wether the funds belong to his client or to him.
The Commingled Fund is a blend of different accounts with assets that belong to multiple accounts. This is done to avoid the costs of mantaining the accounts separetely.
President Franklin Roosevelt signed into law the Cullen–Harrison Act, legalizing beer with an alcohol content of 3.2% by weight and wine of a similarly low alcohol content. On December 5, 1933, ratification of the Twenty-first Amendment repealed the Eighteenth Amendment.
The correct answer is: "variable loan can increase dramatically
".
The fixed rate is slightly higher but it is safer in the sense that ensures an stable interest rate throughout the whole loan period.
On the other hand, variable rates are subject to market movements. It could be the case that a sudden and large increase on interest rates in the international markets, directly affects your repayment schedule increasing abruptly the interest amount to be repaid at each instalment.
